Idaho Falls, ID 83404 1301 E 17th St
$1,699,900
0 more
Presented By: Silvercreek Realty Group - 208-377-0422
SQFT • 9,500
Home Details
Iconic Office Building on Prime 17th Street!! Recently Remodeled Interior, Featuring a Great 5-year Lease and Excellent Cap Rate. Prime Location, and Stable Investment. Building is 95% Leased Out to a Single Healthcare Organization on a 5 Year Lease at $156,000 Per Year. With Expenses, That is Nearly a 7.33% Cap Rate With That 1 Tenant Alone. There is a Second Tenant Paying Month to Month an Additional $1,500 Per Month, Increasing That Cap Rate to nearly 8.39%; This Space Could Be Vacated for the Buyer to Owner Occupy, It is a Very Nice Executive Suite. Great Investment Property!!!! This Property is Agent Owned, There is an Adjacent Property That Might Be Available as Well
Presented By: Silvercreek Realty Group - 208-377-0422
Interior Features for 1301 E 17th St
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Heating Y/NYes
General for 1301 E 17th St
Building Area UnitsSquare Feet
Business TypeCommercial
Cap Rate8
CityIdaho Falls
CoolingCentral Air
CountyBonneville
FreeholdIDX
HeatingForced Air
Land Lease Y/NNo
LeasableAreaUnitsSquare Feet
Living Area UnitsSquare Feet
Lot Size Square Feet30492
Lot Size UnitsAcres
MLS AreaOut of Area - 2000
ModificationTimestamp2025-05-05T17:04:05.100Z
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Year Built1986
Exterior for 1301 E 17th St
Building Area Total9500
Lot Features1/2 - .99 Acre
Lot Size Acres0.7
Lot Size Area0.7
Parking Features21 - 50 Spaces
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Jesus Yerena Delgado
Agent
ES 
EN